GROUPE SPIRLET: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
GROUPE SPIRLET
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,457
2024 · €577,000-€566,543
Equity
€72,398
2024 · €3.4m-€3.3m
Cash
€47,166
2024 · €573,000-€525,834
Balance sheet total
€997,493
2024 · €31.1m-€30.1m
Largest movements
Assets
- Stocks and contracts -€16.6m
down €16.6m (-100.0%), from €16.6m to €0
- Tangible fixed assets -€9.2m
no longer reported in 2025 (was €9.2m)
of which Land and buildings: -€5.9m
- Receivables within one year -€3.4m
down €3.4m (-97.4%), from €3.5m to €90,750
of which Trade receivables: -€2.8m
- Deferred charges and accrued income -€1.1m
no longer reported in 2025 (was €1.1m)
- Financial fixed assets +€859,576
up €859,576, from €0 to €859,576
of which Affiliated companies: +€859,576
Equity and liabilities
- Trade debts -€17.0m
down €17.0m (-99.3%), from €17.1m to €121,314
- Debts after one year -€4.5m
down €4.5m (-85.0%), from €5.3m to €792,789
of which Financial debts: -€4.2m
- Short-term financial debts -€4.0m
no longer reported in 2025 (was €4.0m)
- Equity -€3.3m
down €3.3m (-97.8%), from €3.4m to €72,398
- Tax, wage and social debts -€776,008
down €776,008 (-98.6%), from €787,000 to €10,992
of which Remuneration and social security: -€748,000
Income statement
- Turnover -€61.8m
down €61.8m (-99.2%), from €62.3m to €478,686
- Goods and materials -€52.9m
no longer reported in 2025 (was €52.9m)
of which Purchases: -€50.8m
- Staff costs -€5.0m
no longer reported in 2025 (was €5.0m)
- Services and other goods -€3.3m
down €3.3m (-87.6%), from €3.8m to €464,191
- Depreciation -€1.0m
no longer reported in 2025 (was €1.0m)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€577,000
Turnover
-€61.8m
Other operating income
-€997,000
Goods and materials
+€52.9m
Services and other goods
+€3.3m
Staff costs
+€5.0m
Depreciation
+€1.0m
Write-downs
+€28,000
Other operating charges
+€293,613
Other operating items
-€1.1m
Financial income
-€12,000
Financial charges
+€866,835
Taxes
+€5,514
Deferred taxes and other
-€22,000
Result 2025
€10,457
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€3.2m
Investment
+€8.5m
Financing
-€12.2m
Cash 2024
€573,000
From operations (derived)
+€3.2m
Net result for the year
+€10,457
Stocks and contracts
+€16.6m
Receivables within one year
+€3.4m
Deferred charges and accrued income
+€1.1m
Smaller working-capital items
-€9,000
Trade debts
-€17.0m
Tax, wage and social debts
-€776,008
Advances received
-€152,000
Investment (derived)
+€8.5m
Investment in fixed assets (net)
+€8.3m
Current investments
+€213,000
Financing
-€12.2m
Debts after one year
-€4.5m
Current portion of long-term debt
-€459,000
Short-term financial debts
-€4.0m
Contributions, distributions and other
-€3.3m
Cash 2025
€47,166
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,128,000 | €997,493 | -€30.1m | -96.8% |
| Fixed assets | 21/28 | €9,173,000 | €859,576 | -€8.3m | -90.6% |
| Intangible fixed assets | 21 | €1,000 | - | -€1,000 | |
| Tangible fixed assets | 22/27 | €9,172,000 | - | -€9.2m | |
| Land and buildings | 22 | €5,913,000 | - | -€5.9m | |
| Plant, machinery and equipment | 23 | €617,000 | - | -€617,000 | |
| Furniture and vehicles | 24 | €2,642,000 | - | -€2.6m | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | €859,576 | +€859,576 | |
| Affiliated companies | 280/1 | - | €859,576 | +€859,576 | |
| Participating interests | 280 | - | €859,576 | +€859,576 | |
| Other financial fixed assets | 284/8 | €0 | - | = | |
| Amounts receivable and cash guarantees | 285/8 | €0 | - | = | |
| Current assets | 29/58 | €21,955,000 | €137,916 | -€21.8m | -99.4% |
| Stocks and contracts in progress | 3 | €16,571,000 | €0 | -€16.6m | -100.0% |
| Stocks | 30/36 | €16,571,000 | - | -€16.6m | |
| Goods purchased for resale | 34 | €16,571,000 | - | -€16.6m | |
| Amounts receivable within one year | 40/41 | €3,517,000 | €90,750 | -€3.4m | -97.4% |
| Trade receivables | 40 | €2,878,000 | €90,750 | -€2.8m | -96.8% |
| Other amounts receivable | 41 | €639,000 | - | -€639,000 | |
| Current investments | 50/53 | €213,000 | - | -€213,000 | |
| Other investments | 51/53 | €213,000 | - | -€213,000 | |
| Cash at bank and in hand | 54/58 | €573,000 | €47,166 | -€525,834 | -91.8% |
| Deferred charges and accrued income | 490/1 | €1,081,000 | - | -€1.1m | |
| Total equity and liabilities | 10/49 | €31,128,000 | €997,493 | -€30.1m | -96.8% |
| Equity | 10/15 | €3,367,000 | €72,398 | -€3.3m | -97.8% |
| Contributions | 10/11 | €294,000 | €61,500 | -€232,500 | -79.1% |
| Capital | 10 | €294,000 | €61,500 | -€232,500 | -79.1% |
| Issued capital | 100 | - | €61,500 | +€61,500 | |
| Reserves | 13 | - | €1,134 | +€1,134 | |
| Non-distributable reserves | 130/1 | - | €1,134 | +€1,134 | |
| Legal reserve | 130 | - | €1,107 | +€1,107 | |
| Reserves not available under the articles | 1311 | - | €27 | +€27 | |
| Profit (loss) carried forward | 14 | - | €9,764 | +€9,764 | |
| Provisions and deferred taxes | 16 | €4,000 | - | -€4,000 | |
| Deferred taxes | 168 | €4,000 | - | -€4,000 | |
| Amounts payable | 17/49 | €27,757,000 | €925,095 | -€26.8m | -96.7% |
| Amounts payable after more than one year | 17 | €5,276,000 | €792,789 | -€4.5m | -85.0% |
| Financial debts | 170/4 | €4,229,000 | - | -€4.2m | |
| Credit institutions | 173 | €4,229,000 | - | -€4.2m | |
| Other amounts payable | 178/9 | €1,047,000 | €792,789 | -€254,211 | -24.3% |
| Amounts payable within one year | 42/48 | €22,481,000 | €132,306 | -€22.3m | -99.4% |
| Current portion of amounts payable after more than one year | 42 | €459,000 | - | -€459,000 | |
| Financial debts | 43 | €4,000,000 | - | -€4.0m | |
| Credit institutions | 430/8 | €4,000,000 | - | -€4.0m | |
| Trade debts | 44 | €17,078,000 | €121,314 | -€17.0m | -99.3% |
| Suppliers | 440/4 | €17,078,000 | €121,314 | -€17.0m | -99.3% |
| Advances received on contracts in progress | 46 | €152,000 | - | -€152,000 | |
| Taxes, remuneration and social security | 45 | €787,000 | €10,992 | -€776,008 | -98.6% |
| Taxes | 450/3 | €39,000 | €10,992 | -€28,008 | -71.8% |
| Remuneration and social security | 454/9 | €748,000 | - | -€748,000 | |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €64,424,000 | €478,686 | -€63.9m | -99.3% |
| Turnover | 70 | €62,316,000 | €478,686 | -€61.8m | -99.2% |
| Other operating income | 74 | €997,000 | - | -€997,000 | |
| Non-recurring operating income | 76A | €1,111,000 | - | -€1.1m | |
| Operating charges | 60/66A | €63,005,000 | €464,578 | -€62.5m | -99.3% |
| Goods for resale, raw materials and consumables | 60 | €52,900,000 | - | -€52.9m | |
| Purchases | 600/8 | €50,768,000 | - | -€50.8m | |
| Change in stocks: decrease (increase) | 609 | €2,132,000 | - | -€2.1m | |
| Services and other goods | 61 | €3,754,000 | €464,191 | -€3.3m | -87.6% |
| Remuneration, social security and pensions | 62 | €5,021,000 | - | -€5.0m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,004,000 | - | -€1.0m | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €28,000 | - | -€28,000 | |
| Other operating charges | 640/8 | €294,000 | €387 | -€293,613 | -99.9% |
| Non-recurring operating charges | 66A | €4,000 | - | -€4,000 | |
| Operating profit (loss) | 9901 | €1,419,000 | €14,108 | -€1.4m | -99.0% |
| Financial income | 75/76B | €12,000 | - | -€12,000 | |
| Recurring financial income | 75 | €12,000 | - | -€12,000 | |
| Income from current assets | 751 | €0 | - | = | |
| Other financial income | 752/9 | €12,000 | - | -€12,000 | |
| Financial charges | 65/66B | €867,000 | €165 | -€866,835 | -100.0% |
| Recurring financial charges | 65 | €867,000 | €165 | -€866,835 | -100.0% |
| Debt charges | 650 | €796,000 | - | -€796,000 | |
| Other financial charges | 652/9 | €71,000 | €165 | -€70,835 | -99.8% |
| Profit (loss) for the period before taxes | 9903 | €564,000 | €13,942 | -€550,058 | -97.5% |
| Transfer from deferred taxes | 780 | €22,000 | - | -€22,000 | |
| Income taxes | 67/77 | €9,000 | €3,486 | -€5,514 | -61.3% |
| Taxes | 670/3 | €9,000 | €3,486 | -€5,514 | -61.3% |
| Profit (loss) for the period | 9904 | €577,000 | €10,457 | -€566,543 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | - | €10,457 | +€10,457 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.